Jio Platforms At $130 Billion: Can Investors Expect More Returns After Its Record-Breaking Listing?

Jio Platforms has achieved major milestones following its stock market listing, reaching a market capitalisation of around ₹12.5 lakh crore. Anurag Singh, Managing Partner, Ansid Capital, believes the strong valuation reflects investor demand, limited share availability following the 3% equity dilution and the premium associated with Reliance. Comparing Jio with global telecom giants such as AT&T, Verizon and T-Mobile, he highlights that the company is already valued close to leading international peers. However, he cautions that investors buying at current levels may see limited returns over the next two to three years. Future price discovery will depend on further share supply and market performance.